Financial Mail articles from March 2007

Financial Mail archives from March 2007

Baloyi case should cause shock waves.
March 30, 2007... (From Financial Mail) Baloyi case should cause shock waves The dismissal of Danisa Baloyi from the Absa board should not be seen as just another corporate wrangle. Resignations do happen for various reasons, of course, and there can be...

Deficit a positive sign of preparation.
March 30, 2007... (From Financial Mail) Deficit a positive sign of preparation It is tempting to panic about last year's record budget deficit. At R111,1bn it is almost double the 2005 figure, and accelerated toward the end of the year (see pages 56 and...

Another Week.
March 30, 2007... (From Financial Mail) Another Week A MEMBER of the March of the Abolitionists joins the Walk of Witness through central London to mark the 200th anniversary of the law that ended the slave trade. The British government has proposed an...

Running scared.
March 30, 2007... (From Financial Mail) Byline: Nazmeera Moola NAZMEERA MOOLA Running scared Does a younger generation of managers with fewer scars need to take over before business starts to invest in the new SA? Over breakfast recently, an associate...

More than a tactic.
March 30, 2007... (From Financial Mail) Byline: Barney Mthombothi BARNEY MTHOMBOTHI More than a tactic In attempting to understand government's attitude towards Zimbabwe we're at times guilty of misreading the ANC or its history Watching Aziz Pahad...

Ports in numbers.
March 30, 2007... (From Financial Mail) Byline: Sherry Shannon Storms and massive waves forced the closure of SA's two biggest ports, Durban and Richards Bay, last week. We look at commercial activity at SA's harbours. US$40000 is the estimated amount...

THE PLACE TO BE OR NOT TO BE. Unpretentious SA dining. THE WHITE BOY SHEBEEN.
March 30, 2007... (From Financial Mail) Byline: Sherry Shannon THE PLACE TO BE OR NOT TO BE Unpretentious SA dining THE WHITE BOY SHEBEEN Where: Sandton Identity: Home from home Inside the perimeter of the City Lodge hotel, a row of trees shields The...

QUESTIONS & ANSWERS. Checks in the mail.
March 30, 2007... (From Financial Mail) Byline: Shareen Singh QUESTIONS & ANSWERS Checks in the mail Suspended SA Post Office CE Khutso Mampeule speaks to about his expected dismissal What do you make of your impending dismissal? There will be a board...

QUOTE OF THE WEEK.
March 30, 2007... (From Financial Mail) Byline: Jonty Rhodes QUOTE OF THE WEEK The two most important people in my cricketing career were Hansie [Cronje] and Bob [Woolmer], and they're both gone. I just hope they're not in heaven picking a team...

Passion and profit.
March 30, 2007... (From Financial Mail) Byline: Boris Urban BORIS URBAN Passion and profit The time is ripe for social entrepreneurship, which merges the passion of a social mission with business principles and innovation Venture philanthropists,...

Whispers around town.
March 30, 2007... (From Financial Mail) Whispers around town The N2 Gateway housing development in Cape Town seems to have forced housing minister Lindiwe Sisulu to think the unthinkable. Having learnt that cheap is expensive the R80000 units have cost...

THE STELLENBOSCH NETWORK. Money manne.
March 30, 2007... (From Financial Mail) Byline: Heather Formby THE STELLENBOSCH NETWORK Money manne Stellenbosch has thrived as a home for SA's Afrikaner business elite A generation ago there were just two places a respectable citizen could work in...

Did you hear?
March 30, 2007... (From Financial Mail) We have all long wondered whether President Thabo Mbeki's constant use of we in his speeches is an example of the royal plural or just a modest reference to the entire government. A press release from department of...

Did you hear? Prize winners.
March 30, 2007... (From Financial Mail) You could win a prize or cash by sending news snippets, wit and gossip to Did You Hear? The best reader's contribution each week wins a fashionable Rotary watch, valued at R2450. Berco Express will deliver it to...

101.
March 30, 2007... (From Financial Mail) Byline: Peter Honey Independent Democrats leader Patricia de Lille is pursuing a private prosecution of 23 people who allegedly received bribes in the arms deal. What is private prosecution? The Criminal...

ENTREPRENEUR. Knows her A BEE Cs.
March 30, 2007... (From Financial Mail) Byline: Nontyatyambo Petros ENTREPRENEUR Knows her A BEE Cs Thembi Chagonda describes herself as an introvert who is too shy to network. While this is a potential flaw for most company executives, it's a plus...

GIMME - Pointless.
March 30, 2007... (From Financial Mail) Byline: Duncan McLeod GIMME Pointless Nokia's N800 is an odd device. The touch-screen, Linux-based Internet tablet looks cool but, after a few days of playing with it, I'm still trying to figure out exactly who...

PAY-TV. A delay in the programme?
March 30, 2007... (From Financial Mail) Byline: Duncan McLeod PAY-TV A delay in the programme? A proposal made by the communications department this week that a moratorium be placed on the licensing of new pay-TV operators pending SA's switch to...

BEE creds: the top 10.
March 30, 2007... (From Financial Mail) Byline: Sibonelo Radebe BEE creds: the top 10 Pharmaceuticals group Enaleni has taken the top spot in the FM's 2007 Top Empowerment Companies (TEC) ranking. Services group Adcorp is second, while third place...

QUESTIONS & ANSWERS. Watershed moment.
March 30, 2007... (From Financial Mail) Byline: Prakash Naidoo QUESTIONS & ANSWERS Watershed moment Ireland's ambassador to SA, Colin Wrafter, speaks to about the significance of this week's historic power-sharing deal for Northern Ireland Why is this...

MUNICIPALITIES. Something for nothing.
March 30, 2007... (From Financial Mail) Byline: Prakash Naidoo MUNICIPALITIES Something for nothing SA's 40 biggest municipalities are owed about R34,4bn in unpaid bills, according to records from the national treasury. Of this amount, the six...

AIDS NGO FIGHT. Director in a storm.
March 30, 2007... (From Financial Mail) Byline: Shoks Mzolo AIDS NGO FIGHT Director in a storm Nkululeko Nxesi Debts outstanding WHAT IT MEANS Accusations by HR manager Director denies seeing letter The national director of Aids NGO Napwa, Nkululeko...

BEER. What a coincidence.
March 30, 2007... (From Financial Mail) Byline: Stuart Theobald BEER What a coincidence Look familiar? SA Breweries (SAB) launched Hansa Marzen Gold this week, only two weeks after suddenly losing the right to produce Amstel, which it had brewed,...

Catalyst hunt.
March 30, 2007... (From Financial Mail) Byline: Sven Lunsche Catalyst hunt WHAT IT MEANS Import parity means high local chemical prices IDC looking to back SME and BEE firms William Smith Realistic about shortcomings High chemical prices make it...

Beachfront beginnings.
March 30, 2007... (From Financial Mail) Byline: Peta Lee Beachfront beginnings WHAT IT MEANS Gooderson Leisure Corp turnover R100m Timeshare accounts for 30% of profits Bushlands Game Lodge, in Hluhluwe, is one the company's flourishing lodges Fifty...

REJUVENATION. Learning change.
March 30, 2007... (From Financial Mail) Byline: Peta Lee REJUVENATION Learning change Under the rainbow The Drakensberg Gardens Golf & Leisure Resort is one of the establishments that have performed well over the years From AW Gooderson's first-floor...

Maintaining momentum.
March 30, 2007... (From Financial Mail) Byline: Peta Lee Maintaining momentum The company has been growing at a considerable rate over the past five years, due to debt reduction, improvement of the product, and through new acquisitions. AW...

The pendulum swings.
March 30, 2007... (From Financial Mail) Byline: Peta Lee The pendulum swings Times have changed: what worked in the hospitality industry 50 years, or even a decade, ago, doesn't necessarily guarantee success today. According to AW Gooderson, the...

New Gooderson baby.
March 30, 2007... (From Financial Mail) Byline: Peta Lee New Gooderson baby The Gooderson Leisure Corporation's newest acquisition is the Natal Spa & Conference Centre, just outside Vryheid in KwaZulu Natal, and on the historic Battlefields route....

TIMESHARE. Growth and spread.
March 30, 2007... (From Financial Mail) Byline: Peta Lee TIMESHARE Growth and spread Cheryl Gooderson Four years ago, Gooderson's timeshare division was making just R55325 profit per annum. This financial year it's budgeted to make R4m, which shows...

FINANCE. Plan plus control.
March 30, 2007... (From Financial Mail) Byline: Peta Lee FINANCE Plan plus control Rajen Nannoolal Financial director Rajen Nannoolal has been with the Gooderson Leisure Corporation for 14 years, beginning as a senior accountant and working his way...

OPERATIONS. Keeping stock.
March 30, 2007... (From Financial Mail) Byline: Peta Lee OPERATIONS Keeping stock Gavin Castleman Operations director Gavin Castleman is no stranger to the hospitality industry. After graduating from hotel school in 1986, his first job as a trainee...

SALES & MARKETING. Eye on the ball.
March 30, 2007... (From Financial Mail) Byline: Peta Lee SALES & MARKETING Eye on the ball Glynis Lello Focused on marketing The engine room of the Gooderson Leisure Corporation's hotel division is the sales and marketing division, run under the eagle...

FOSKOR. On a recovery track.
March 30, 2007... (From Financial Mail) Byline: Sven Lunsche FOSKOR On a recovery track Alfred Pitse Logistical problems The largest asset of the IDC's chemi-cals and nonmetallic minerals strategic business unit (SBU) is phosphate miner and fertiliser...

Bad benchmark.
March 30, 2007... (From Financial Mail) Byline: Don Lindsay Bad benchmark A much more valid comparison would be with Ireland in the 1930s, then a recently liberated and truly underdeveloped country. I have always found the SA obsession with...

Rand futures trade welcome.
March 30, 2007... (From Financial Mail) Byline: Rainer K Ludewig Rand futures trade welcome The plan to allow individuals to speculate freely in rand futures (Money & Investing March 9) shows a high degree of confidence by the financial leadership of...

Opposition leaders disregarded.
March 30, 2007... (From Financial Mail) Byline: Martin Slabbert Opposition leaders disregarded In your editorial comment The diminishing role of parliament (Editorials March 23) the assertion is made that Tony Leon has been the leader of the...

REAL PEOPLE DOING UNREAL THINGS. A man who cares. Lance Carr.
March 30, 2007... (From Financial Mail) Byline: Larry Claasen REAL PEOPLE DOING UNREAL THINGS A man who cares Lance Carr CEO of Unsung Heroes Four years ago he left a corporate career to run an NGO that helps other such organisations The organisation...

BASIC INDUSTRIES.
March 30, 2007... (From Financial Mail) 1 28 Group Five 14,35 5,81 3,16 2,77 7,07 15,00 5,00 53,15 2 29 Aveng 17,64 4,45 3,16 1,65 6,21 15,00 5,00 53,11 3 50 Distribution & Warehousing Network 15,00 1,15 5,06 6,17 6,00 7,12 5,00 45,50 4 58 Omnia Holdings...

SECTORS - FINANCIALS.
March 30, 2007... (From Financial Mail) 1 5 Hosken Consolidated Investments 20,00 8,95 9,29 4,86 7,01 15,00 5,00 70,12 2 7 Cadiz Holdings 18,74 3,94 6,70 6,77 12,20 15,00 5,00 68,35 3 9 Metropolitan Holdings 16,49 8,63 11,58 9,60 7,54 8,90 3,85 66,59 4 11...

FOOD AND BEVERAGES.
March 30, 2007... (From Financial Mail) 1 4 Oceana Group 18,14 5,12 8,16 6,87 12,00 15,00 5,00 70,29 2 46 Distell Group 13,21 3,14 2,23 4,44 4,90 15,00 3,46 46,38 3 52 SABMiller Plc 5,60 3,08 8,00 4,26 4,10 15,00 5,00 45,04 4 67 Tiger Brands 10,85 4,20...

FOOD & BEVERAGES.
March 30, 2007... (From Financial Mail) Employment Skills Preferential Enterprise Total Rank Overall rank Top 10 companies Ownership (%) score Mgt (%) score equity (%) score dev (%) score procurement (%) score dev (%) score CSI (%) score BEE (%) score

HEALTH SECTOR.
March 30, 2007... (From Financial Mail) Employment Skills Preferential Enterprise Total Rank Overall rank Top 4 companies Ownership (%) score Mgt (%) score equity (%) score dev (%) score procurement (%) score dev (%) score CSI (%) score BEE (%) score

HEALTH AND PHARMACEUTICALS.
March 30, 2007... (From Financial Mail) 1 1 Enaleni Pharmaceuticals 18,00 7,35 11,17 9,45 13,31 15,00 5,00 79,28 2 36 Aspen Pharmacare 18,52 4,20 6,58 6,28 5,68 6,73 3,12 51,12 3 64 Network Healthcare Holdings 4,20 1,70 2,59 4,20 7,20 15,00 5,00 39,88 4...

ICT.
March 30, 2007... (From Financial Mail) Employment Skills Preferential Enterprise Total Rank Overall rank Top 10 companies Ownership (%) score Mgt (%) score equity (%) score dev (%) score procurement (%) score dev (%) score CSI (%) score BEE (%) score

ICT.
March 30, 2007... (From Financial Mail) 1 8 Bytes Technology Group 18,02 1,50 6,06 9,47 11,85 15,00 5,00 66,90 2 16 MTN Group 13,05 10,63 8,44 7,45 8,40 10,75 3,24 61,95 3 17 Paracon Holdings 12,00 3,90 3,56 9,68 12,50 15,00 4,96 61,60 4 20 Telkom 12,28...

MANUFACTURING.
March 30, 2007... (From Financial Mail) 1 109 Pals Holdings 0,00 0,00 10,91 6,00 0,00 0,00 0,00 16,91 2 112 Steinhoff International Holdings 1,07 1,83 6,50 0,00 0,00 0,00 5,00 14,40 3 190 Seardel Investment Corporation 0,00 0,80 0,00 1,70 0,00 0,00 0,00...

MEDIA.
March 30, 2007... (From Financial Mail) 1 13 Primedia 5,58 11,00 9,39 6,47 10,70 15,00 5,00 63,14 2 68 Kagiso Media 7,00 6,54 4,45 0,00 0,00 15,00 5,00 37,99 3 94 Johnnic Communications 4,23 6,25 6,30 0,00 1,67 0,00 5,00 23,45 4 176 African Media...

PROPERTIES.
March 30, 2007... (From Financial Mail) 1 61 Growthpoint Properties 5,99 3,01 6,54 0,00 10,08 15,00 0,82 41,44 2 101 Emira Property Fund 5,18 2,43 8,10 0,00 4,08 0,00 0,00 19,78 3 107 Hyprop Investments 0,00 2,91 0,00 0,00 0,00 15,00 0,00 17,91 4 129...

RESOURCES.
March 30, 2007... (From Financial Mail) 1 14 Trans Hex Group 15,00 4,33 5,60 8,72 9,49 15,00 5,00 63,14 2 25 Gold Fields 13,21 2,64 3,38 12,17 10,08 8,65 5,00 55,13 3 26 Exxaro Resources 19,00 6,03 3,74 12,04 8,88 2,47 2,77 54,93 4 27 Harmony Gold Mining...

EmploymentSkills.
March 30, 2007... (From Financial Mail) Employment Skills Preferential Enterprise Total Rank Overall rank Top 10 companies Ownership (%) score Mgt (%) score equity (%) score dev (%) score procurement (%) score dev (%) score CSI (%) score BEE (%) score

RETAIL.
March 30, 2007... (From Financial Mail) 1 41 Edgars Consolidated Stores 16,66 4,88 9,57 6,31 6,93 0,00 5,00 49,35 2 48 Foschini 4,95 3,29 6,83 11,76 11,91 2,24 5,00 45,98 3 59 Lewis Group 2,32 3,61 4,96 4,12 7,47 15,00 5,00 42,48 4 62 The Spar Group 0,42...

Top 200 empowerment companies.
March 30, 2007... (From Financial Mail) 1 Enaleni Pharma 79,28 35,0 35,0 18,00 75,0 37,5 7,35 11,17 1,7 9,45 51,0 13,31 20,0 15,00 0,1 5,00 2 Adcorp Holdings 73,22 27,3 27,3 18,56 41,7 14,3 5,83 7,59 1,6 9,24 67,0 12,00 6,0 15,00 2,6 5,00 3 The Don Group...

Top 200 empowerment companies. Column headings.
March 30, 2007... (From Financial Mail) Ownership (%) Management (%) Employ equity (%) Skills development (%) Preferential procurement (%) Enterprise development (%) CSI (%) Rnk '07 Company BEE Score (%) Voting rights Eco interest Score Board Top exec...

TOURISM.
March 30, 2007... (From Financial Mail) 1 3 The Don Group 15,00 11,00 13,00 7,30 4,60 15,00 5,00 70,89 2 12 Phumelela Gaming & Leisure 15,57 5,01 5,94 10,11 10,57 11,31 5,00 63,51 3 18 Peermont Global 18,30 2,98 8,62 8,48 5,45 11,74 5,00 60,57 4 31 Sun...

TRANSPORT.
March 30, 2007... (From Financial Mail) 1 40 Imperial Holdings 11,54 4,31 4,24 1,01 10,68 15,00 3,36 50,14 2 45 Super Group 15,00 2,59 4,82 0,99 3,60 15,00 5,00 47,00 3 163 Dorbyl 0,00 0,54 0,00 6,00 0,00 0,00 0,00 6,54 4 172 Grindrod 3,00 2,00 0,00 0,00...

Mixed BAG among basic INDUSTRIES.
March 30, 2007... (From Financial Mail) Byline: Lance Harris Mixed BAG among basic INDUSTRIES Despite important BEE transactions, the sector as a whole still lags the pace of transformation Two construction companies lead the way in empowerment in...

Group FIVE shows how to build DIVIDENDS.
March 30, 2007... (From Financial Mail) Byline: Lance Harris Group FIVE shows how to build DIVIDENDS Construction group rides high on government infrastructure spending in a rapidly transforming sector Group Five, one of SA's top three construction...

Poor ORIGINS, powerful MUSCLE.
March 30, 2007... (From Financial Mail) Byline: Stuart Theobald Poor ORIGINS, powerful MUSCLE Trade-union veterans have used the market to achieve a dynamic fit with country's overall goals An empowerment investment firm, born out of trade unions and...

Swift PROGRESS even without A CHARTER.
March 30, 2007... (From Financial Mail) Byline: Chris Gilmour Swift PROGRESS even without A CHARTER Absence of a formal document hasn't stopped companies from taking big strides in BEE Food & beverages does not exist as a single sector on the JSE, but...

Bang ON THE sweet SPOT.
March 30, 2007... (From Financial Mail) Byline: Chris Gilmour Bang ON THE sweet SPOT Not only in equity does Oceana get full marks, it also comes out tops in procurement and development Oceana came soaring up the rankings from last year, with a clear...

Same PLAYERS scoop the HONOURS.
March 30, 2007... (From Financial Mail) Byline: Shoks Mzolo Same PLAYERS scoop the HONOURS Enaleni's strategic decision to create a black-empowered company pays off as it leads the pack once more Excluding last year's few deals with smaller players,...

Small SECTOR with a big KICK.
March 30, 2007... (From Financial Mail) Byline: Chris Gilmour Small SECTOR with a big KICK Lots of growth as interest rates and buoyant consumer demand drive upbeat industry Hotels & leisure is a small sector as far as the number of companies is...

Blues ON THE charter FRONT.
March 30, 2007... (From Financial Mail) Byline: Duncan McLeod Blues ON THE charter FRONT It's been a frustrating year, with delays in getting the industry charter and BEE codes harmonised The past year has been a relatively quiet one for empowerment...

Bit BETWEEN the TEETH.
March 30, 2007... (From Financial Mail) Byline: Duncan McLeod Bit BETWEEN the TEETH Bytes's BEE programme covers more than just equity ownership it focuses on all the criteria Altron subsidiary Bytes Technology Group is SA's most empowered listed...

Good PRACTICE proves the best way TO GO.
March 30, 2007... (From Financial Mail) Byline: Chia-Chao Wu Good PRACTICE proves the best way TO GO The Codes of Good Practice do not create parallel economies based on race, as earlier legislation does is the executive director of Empowerdex On...

MANUFACTURING. Gains ARE slow in COMING.
March 30, 2007... (From Financial Mail) Byline: Larry Claasen Gains ARE slow in COMING Manufacturing companies are relatively immune to government pressure to transform The past year was once again a missed opportunity for listed manufacturing...

MEDIA. Media STARTS to get in on the ACTION.
March 30, 2007... (From Financial Mail) Byline: Themba Hlengani Media STARTS to get in on the ACTION Once again it was Naspers and Primedia who got the empowerment ball rolling in the sector Tired of playing catch-up with other sectors on the...

MEDIA.Prime PLAYER could take new DIRECTION.
March 30, 2007... (From Financial Mail) Byline: Themba Hlengani Prime PLAYER could take new DIRECTION Media sector leader Primedia topped the rankings with high marks in all aspects of empowerment It came as no surprise that Primedia topped this...

Methodology.
March 30, 2007... (From Financial Mail) The primary objective of the Financial Mail Top Empowerment Companies (TEC) survey is to rank the top 200 JSE-listed companies in terms of their progress in broad-based black economic empowerment (BEE) in 2006. ...

END to uncertainty OVER THE CODES.
March 30, 2007... (From Financial Mail) Byline: Polo Radebe END to uncertainty OVER THE CODES The codes give better guidance to multinationals on how they can contribute to the BEE ownership objective and to equity-equivalent programmes is...

Listed PROPERTY slow TO MOVE.
March 30, 2007... (From Financial Mail) Byline: Sibonelo Radebe Listed PROPERTY slow TO MOVE Apart from a few nonexecutive directorships, other elements of scorecard show little action The listed property sector of the JSE continues to lag behind...

Not MUCH to write home ABOUT.
March 30, 2007... (From Financial Mail) Byline: Sibonelo Radebe Not MUCH to write home ABOUT The fact that Growthpoint leads the property sector is a poor reflection of the entire industry Afollow-up empowerment deal has ensured that property loan...

In SEARCH OF the new ORDER.
March 30, 2007... (From Financial Mail) Byline: Brendan Ryan In SEARCH OF the new ORDER Diamond miner's BEE process has not yet been ratified by minerals & energy department Trans Hex may be the top empowered company in the resources sector, according...

Last YEAR marks WATERSHED.
March 30, 2007... (From Financial Mail) Byline: Brendan Ryan Last YEAR marks WATERSHED Effects of new legislation are felt and first example of black-on-black empowerment takes place In the mining industry, 2006 was a benchmark year for empowerment,...

Retail Sector Trends It's UPHILL in RETAIL.
March 30, 2007... (From Financial Mail) Byline: Chris Gilmour It's UPHILL in RETAIL Retailers have to understand what sells, where and why, and that takes time and experience at the coalface The retail sector has been mentioned often as one of the...

RETAIL - EDCON still way AHEAD.
March 30, 2007... (From Financial Mail) Byline: Chris Gilmour E DCON still way AHEAD Major advantages over rivals are equity ownership and broad-based black economic empowerment staff share scheme Edcon has maintained its lead in the retail sector for...

Fine MOVE up the scale for ADCORP.
March 30, 2007... (From Financial Mail) Byline: Lance Harris Fine MOVE up the scale for ADCORP The support services sector makes progress in meeting empowerment goals across a broad front Adcorp Holdings, the most empowered company in the support...

Enaleni takes the PRIZE.
March 30, 2007... (From Financial Mail) Byline: Shoks Mzolo E naleni takes the PRIZE The four-year-old pharmaceutical group has been bolstering its BEE credentials as if empowerment is reaching its sell-by date Anew kid on the block is trouncing old...

TRANSPORT. Back ON TOP for logistics giant IMPERIAL.
March 30, 2007... (From Financial Mail) Byline: Themba Hlengani Back ON TOP for logistics giant IMPERIAL Significant BEE deals plus employment equity strides feature in the group's top ranking Last year, the exclusion of transport and logistics giant...

TRANSPORT. Well ON TRACK to spread OWNERSHIP.
March 30, 2007... (From Financial Mail) Byline: Themba Hlengani Well ON TRACK to spread OWNERSHIP The challenge is to extend empowerment to women and in subsectors such as freight During the past year a number of sectors have taken a cautious approach...

Relative value.
March 30, 2007... (From Financial Mail) Byline: Andrew McNulty Relative value WHAT IT MEANS Cadiz and AH teams shared philosophy Portfolios now more conservative Simon Hudson-Peacock It's a cutting edge, entrepreneurial environment. Most of us knew...

ASSET MANAGEMENT. Growth returns.
March 30, 2007... (From Financial Mail) Byline: Andrew McNulty ASSET MANAGEMENT Growth returns Frank Cadiz Cadiz's acquisition of African Harvest Fund Managers in November has transformed the group's asset management operations in both size and...

CORPORATE SOLUTIONS. BEE-bullish.
March 30, 2007... (From Financial Mail) Byline: Andrew McNulty CORPORATE SOLUTIONS BEE-bullish Robbie Gonsalves A more bullish environment for black economic empowerment (BEE) deals from this year should help create new opportunities for Cadiz...